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September 25, 2008

America, world markets, and presidential politics.

The president's address last night of 9:00 PM ET is here. An embarrassed Congress is expected to finalize its $700 billion attempted "rescue" of the American economy this week. And even Friday's presidential candidate debate in Mississippi may be postponed (hopefully for the right reasons). At a time when the image of the U.S. has been declining abroad steadily in nearly every respect, WAC? hopes that the two presidential candidates quickly step up--senators McCain and Obama are now both their parties' newly annointed leaders, and new world leaders--and put not just America, but the world's economic markets, ahead of their historic election contest in 40 days. This week, and more than ever, the governments and businesses of Europe, Asia, Latin America and Africa watch us. True, they all gloat a little--but they worry a lot more. They are our colleagues and business partners.

Posted by JD Hull at September 25, 2008 11:59 PM


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